BNP Paribas Financial Markets Has $215,000 Stake in Tredegar Co. (NYSE:TG)

BNP Paribas Financial Markets lifted its holdings in Tredegar Co. (NYSE:TG) by 216.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 29,443 shares of the basic materials company’s stock after buying an additional 20,125 shares during the quarter. BNP Paribas Financial Markets’ holdings in Tredegar were worth $215,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of TG. Gladius Capital Management LP bought a new stake in shares of Tredegar during the third quarter worth $40,000. XTX Topco Ltd bought a new position in Tredegar during the 2nd quarter worth about $49,000. AQR Capital Management LLC acquired a new stake in shares of Tredegar in the 2nd quarter valued at about $49,000. FMR LLC lifted its holdings in shares of Tredegar by 161.5% in the third quarter. FMR LLC now owns 9,445 shares of the basic materials company’s stock valued at $69,000 after purchasing an additional 5,833 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Tredegar during the third quarter worth about $74,000. 79.24% of the stock is currently owned by institutional investors and hedge funds.

Tredegar Trading Up 1.4 %

NYSE:TG opened at $8.13 on Tuesday. The company has a market cap of $279.18 million, a P/E ratio of -10.28 and a beta of 0.84. Tredegar Co. has a twelve month low of $3.98 and a twelve month high of $9.22. The business has a 50 day moving average price of $7.62 and a two-hundred day moving average price of $6.38. The company has a quick ratio of 0.42, a current ratio of 0.79 and a debt-to-equity ratio of 0.13.

Tredegar Company Profile

Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors.